The Board of Neighborhood Commissioners (BONC) is scheduled to have a joint meeting with the Los Angeles City Council Education and Neighborhood Committee on Wednesday, March 23rd in John Ferraro Council Chambers at 5 p.m.

On the agenda will be the nature and funding of the 2012 neighborhood council elections as well as a discussion of candidate fundraising issues.

Given the city’s $350 million budget shortfall, many neighborhood council leaders fear that their budgets could be in jeopardy. All 93 local councils are allotted $45,000 annually for community projects and other neighborhood initiatives.

“The decision-makers (on the budget) are the city councilmembers, and concerns are best addressed to the people who have the authority to act,” said Neighborhood Council of Westchester-Playa President Cyndi Hench.

Fundraising during last April’s election will also be on the table.

Questions were raised about this topic when BONC, which is the oversight agency that makes policy and sets rules and regulations for the city’s local boards as well as for the Department of Neighborhood Empowerment, held a community forum on March 1 in Del Rey. “There is little legal oversight (of fundraising by candidates of local boards) and it is a very important issue,” said Abrams.

The John Ferraro Council Chambers is at City Hall, 200 N. Spring St., Room 340, Los Angeles.

The meeting will also be televised on Channel 35.